BFC 0.00% 0.3¢ beston global food company limited

What Gives....., page-14

  1. 23 Posts.
    It is a shame indeed and painful but then again the general market sentiment at the moment is horrible.

    People were cheering on 5 Feb when BAL released the market update confirming its figures, saying that the $11's were gone. In the space of a week it's nearly in the same price as it was before the update. A2M also spiked on 5 Feb likely due to the BAL announcement, it also has been sold off and is basically the same price as it has been. Other agri stocks BGA, AHF, VIT, BKL, FNP, TWE are also getting sold off.

    It is painful to see the price falling but then again if your money was somewhere else in the sector you would likely be feeling the same pain. I certainly hope the Chinese enjoyed their lunar new year as much as Beston enjoyed supplying for it.

    7.2 NPAT (hoping they reach 7.5-8.0m) with a declared dividend of 1.5-2cps expected, a m.cap of only 174.3M. Those figures are the only reason i'm here.
 
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